[nexa] Varoufakis: "Techno-Feudalism Is Taking Over"

*Techno-Feudalism Is Taking Over* Yanis Varoufakis 28 June 2021 This is how capitalism ends: not with a revolutionary bang, but with an evolutionary whimper. Just as it displaced feudalism gradually, surreptitiously, until one day the bulk of human relations were market-based and feudalism was swept away, so capitalism today is being toppled by a new economic mode: techno-feudalism. This is a large claim that comes on the heels of many premature forecasts of capitalism’s demise, especially from the left. But this time it may well be true. [...] continua qui: https://www.yanisvaroufakis.eu/2021/07/05/techno-feudalism-is-taking-over-pr...